Allegheny Technologies (ATI)

Add a New Bulls Reason Company: Allegheny Technologies (ATI) Current price: Headline: (100 character max) Analysis: Cancel 100% agree 6 votes   Rising Profit Forecast Top Contributor: Jack Bass | Created when NYSE:ATI was $54.98 | Edit | History Allegheny said ( July 14th )secondquarter profit will come in at $1.65 to $1.67 a share, exceeding an average analyst estimate of $1.52. This earnings outlook includes a $0.11 per share one-time net tax benefit. The company, set to report results July 23, is “benefiting from the ongoing transformation of the company, and out product, market, and geographic diversification,” said CEO Patrick Hassey. “In addition, our enterprise risk management programs are reducing the impact of volatile input costs on our earnings results. Our transformation and diversification strategies are designed to position ATI for growth and improved earnings, as well as providing stability of earnings and cash flow through market cycles.” Allegheny said in April that its supply chain is experiencing “near-term uncertainty” after Boeing delayed, for a third time, delivery of its 787 Dreamliner airplane. Allegheny signed its largest ever contract, worth $2.5 billion, to supply titanium products to the aerospace manufacturer from 2007 through 2015. (100 character max) Cancel

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.